MasterBrand, Inc. (NYSE:MBC – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $8.31 and last traded at $8.33, with a volume of 357453 shares traded. The stock had previously closed at $8.95.
Wall Street Analysts Forecast Growth
MBC has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, MasterBrand has a consensus rating of “Reduce” and a consensus price target of $15.00.
View Our Latest Research Report on MBC
MasterBrand Price Performance
MasterBrand (NYSE:MBC – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.16). The firm had revenue of $644.60 million for the quarter, compared to analyst estimates of $607.60 million. MasterBrand had a net margin of 0.98% and a return on equity of 8.54%. The company’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company earned $0.22 EPS. MasterBrand has set its FY 2026 guidance at -0.060-0.000 EPS.
Hedge Funds Weigh In On MasterBrand
Large investors have recently bought and sold shares of the business. Mather Group LLC. bought a new stake in shares of MasterBrand during the 3rd quarter valued at $28,000. Quent Capital LLC acquired a new stake in shares of MasterBrand during the third quarter worth $37,000. Northwestern Mutual Wealth Management Co. increased its holdings in MasterBrand by 696.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock valued at $33,000 after purchasing an additional 2,634 shares during the last quarter. GAMMA Investing LLC boosted its holdings in MasterBrand by 52.4% during the third quarter. GAMMA Investing LLC now owns 3,268 shares of the company’s stock worth $43,000 after buying an additional 1,123 shares during the last quarter. Finally, CWM LLC boosted its holdings in MasterBrand by 57.5% during the third quarter. CWM LLC now owns 3,414 shares of the company’s stock worth $45,000 after buying an additional 1,247 shares during the last quarter. 87.32% of the stock is currently owned by institutional investors and hedge funds.
About MasterBrand
MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.
MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.
Further Reading
- Five stocks we like better than MasterBrand
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for MasterBrand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MasterBrand and related companies with MarketBeat.com's FREE daily email newsletter.
